Closing Bell: Summer Rally Refresh? 8/7/23

Can a stealth pullback centered on select mega-caps be enough to refresh the summer rally? Or is a tougher gut check is due as August unfolds? Trivariate’s Adam Parker and Citi’s Kristen Bitterly give their take. Plus, BTIG’s Jonathan Krinsky is getting bullish on energy. He explains why. And, Gabriela Santos of JP Morgan’s gives her forecast for the fed.